Glycinates Market 2024-2033: Global Outlook, Business Statistics, Latest Trends And Major Players

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Glycinates Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $1.7 billion In 2028 At A CAGR Of 6.8% :

The glycinates market size has grown strongly in recent years. It will grow from $1.23 billion in 2023 to $1.31 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to growth in demand in food supplements, nutritional fortification trend, expanding pharmaceutical industry, rise in cosmetics and personal care demand, animal feed applications..

The glycinates market size is expected to see strong growth in the next few years. It will grow to $1.7 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to continued nutraceutical trends, advancements in cosmetic formulations, expansion of pharmaceutical applications, focus on sustainable ingredients, livestock production growth.. Major trends in the forecast period include focus on sustainable and non-allergenic sources, innovation in glycinates for skincare, development of glycinate complexes for agriculture, advancements in production technologies, collaborations for research on glycinate applications..

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Glycinates Market Major Segments
The glycinates market covered in this report is segmented -

1) By Type: Magnesium Glycinate, Calcium Glycinate, Zinc Glycinate, Iron Glycinate, Copper Glycinate, Manganese Glycinate, Sodium Glycinate
2) By Structure: Fluid, Powder, Other structures
3) By Application: Food Source, Drinks, Nutraceuticals, Creature Feed, Other Applications

Key Driver - Glycinates Market Grows With Escalating Nutritional Supplement Needs

Rising demands for nutritional supplements are expected to propel the growth of the glycinates market going forward. Nutritional supplements refer to products meant to enhance the diet. Dietary supplements can be any vitamin, mineral, herbal remedy, or other ingestible preparation added to the diet to promote health. Ingestion of supplements helps to ensure people receive the necessary amounts of important nutrients and to maintain or improve their health. Glycinates are used as supplements that can boost health in various ways. For instance, in January 2022, VitaFood Insights, a UK- based community-powered knowledge platform to help the nutraceutical industry, published that the U.S. sales of supplements increased by 3.2% to $60.57 billion in 2022. Therefore, the rising demand for nutritional supplements is driving the growth of the glycinates market.

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Prominent Trend - Major Companies Embraces Glycinate Surfactants In The Glycinates Market

Major companies operating in the glycinates market are focusing on developing innovative solutions such as glycinate surfactants. Glycinate surfactants typically refer to a class of surfactants known as amino acid-based surfactants. For instance, in July 2021, Jarchem Innovative Ingredients LLC, a US-based innovative ingredients manufacturing company, announced the launch of 'Aminosyl Glycinates'. These glycinates are mild anionic surfactants that offers creamy lather and rich foam. The components can serve as a key moisturizing surfactant, purportedly leaving the skin with a sensation of refreshment and softness.

Glycinates Market Players
Major companies operating in the glycinates market report are BASF SE, Solvay S.A., Ajinomoto Co. Inc., Clariant AG, Albion Laboratories, Aditya Chemicals, Pancosma SA, Dunstan nutrition, Innospec Inc., Pharmavit, Schaumann Agri International GmbH, Shijiazhuang Donghua Jinlong Chemical, Aliphos Rotterdam B.V., Chaitanya Chemicals, Provit, PAT IMPEX chemical India, Jost Chemical Co., H. Wilhelm Schaumann GmbH, Evonik Industries AG, Glanbia plc, Albion Minerals, Galaxy Surfactants Ltd., Provitamins GmbH, Fuerst Day Lawson Ltd., Sisco Research Laboratories Pvt. Ltd., Supplement Co. Ltd., FBC Industries Inc., Vital Pharmaceuticals Inc., Chaitanya Agro Biotech Pvt. Ltd., Prinova Group LLC

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Largest And Fastest Growing Region In The Market
North America was the largest region in the global glycinates market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glycinates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Glycinates Market Report Structure
3. Glycinates Market Trends And Strategies
4. Glycinates Market - Macro Economic Scenario
5. Glycinates Market Size And Growth
…..
27. Glycinates Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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